DEGREE OF ECONOMIC UNSUSTAINABILITY IN THE MANAGEMENT OF RENEWABLE RESOURCES

作者: MITRI KITTI

DOI: 10.1111/NRM.12053

关键词: Environmental economicsResource managementDiscountingIndex (economics)Constraint (mathematics)WelfareSustainabilitySustainability organizationsEconomicsNatural resource

摘要: A criterion commonly used to determine economic sustainability posits that the discounted welfare should not decrease over time. Resource management problems involving fluctuating stocks may be exacerbated by a lack of sustainable policies unless some violations this condition are accepted. Moreover, lead minimal levels. To alleviate these problems, new notion is suggested. In form sustainability, nondecreasing accepted certain degree. The maximize under constraint for largest violation satisfy dynamic programming type fixed-point can effectively utilized finding optimal policies. also in defining an index measuring degree overall unsustainability resource and different harvesting

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